Core Insights - Ecovyst (NYSE: ECVT) reported a strong performance in Q3, indicating stabilization in end-market results, which suggests a recovery from earlier weaknesses this year [2] Financial Performance - The company demonstrated a solid quarter in Q3, reflecting improvements in market conditions [2]

Core Viewpoint - Ecovyst Inc. has initiated a strategic review process for its Advanced Materials & Catalysts business to maximize shareholder value [1][3]. Group 1: Business Overview - The Advanced Materials & Catalysts (AM&C) business consists of two units: Advanced Silicas and Zeolyst International, which are key suppliers of silica-based and zeolite-based advanced materials and catalysts [2][5]. - Advanced Silicas is essential for producing polyethylene, biocatalysts, and functional chemicals, while Zeolyst International focuses on sustainable fuels, including renewable diesel and sustainable aviation fuels [2][5]. Group 2: Strategic Review Details - The strategic review aims to evaluate options to enhance the value contribution of AM&C to Ecovyst and its shareholders, with completion expected by mid-2025 [3]. - The company does not plan to provide further public comments on the strategic review until it is completed or deemed necessary [3]. Group 3: Leadership Perspective - The CEO of Ecovyst expressed a positive long-term outlook for the AM&C business, highlighting its role as a critical innovation partner and its attractive financial characteristics [3].

Company Overview - Ecovyst Inc. is a leading integrated and innovative global provider of advanced materials, specialty catalysts, and services [3] - The company operates through a strategically located network of manufacturing facilities, contributing to environmental sustainability [3] Business Segments - Ecovyst has two specialty businesses: Ecoservices and Advanced Materials & Catalysts [4] - Ecoservices focuses on sulfuric acid recycling for the North American refining industry and provides high-quality virgin sulfuric acid for industrial applications [4] - Advanced Materials & Catalysts offers finished silica catalysts and specialty zeolites that support sustainable fuel production and emissions reduction [4] Upcoming Event - Nate Connor, Vice President of Finance & Treasurer, will present at the Bank of America Leveraged Finance Conference on December 3, 2024, at 3:30 p.m. Eastern [1] - The presentation will be available via webcast for media, investors, and the public, with a replay accessible for at least 90 days [2]

Core Insights - Ecovyst Inc. has launched its AlphaCat® advanced silica products aimed at enhancing biocatalysis applications, aligning with its strategy to diversify into high-growth potential markets [1][2] - The company has made initial investments to expand its research and testing capabilities at its main R&D site in Conshohocken, PA, leading to the development of advanced silica-based products [2][3] - The new product range includes functionalized silica supports for enzyme immobilization and biocatalysts with immobilized enzymes, catering to the growing demand in food, fuels, and chemical production sectors [3] Company Developments - The advanced silicas testing kit developed by Ecovyst allows customers to evaluate various silicas with different functionalities, enhancing the value of immobilized enzymes [3] - The company has successfully scaled manufacturing and quality processes for silica functionalization and enzyme immobilization at its facility in Kansas City, Kansas [3] - Ecovyst's Advanced Materials & Catalysts division focuses on providing high-performing silica catalysts and functionalized silicas, contributing to sustainable chemistry [5] Market Positioning - Ecovyst operates two specialty businesses: Ecoservices, which provides sulfuric acid recycling and chemical waste handling, and Advanced Materials & Catalysts, which supplies silica catalysts and specialty zeolites [5] - The company emphasizes its commitment to sustainability through its products and services, which are predominantly inorganic and aimed at improving environmental sustainability [4]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38221 | --- | --- | --- | |----------------------------------------------------------------------------|- ...

Ecovyst Inc. (NYSE:ECVT) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Gene Shiels - Director, Investor Relations Kurt Bitting - Chief Executive Officer Mike Feehan - Chief Financial Officer Conference Call Participants Patrick Cunningham - Citi David Begleiter - Deutsche Bank Aleksey Yefremov - KeyBanc Capital Markets John McNulty - BMO Capital Markets Kevin Estok - Jefferies Hamed Khorsand - BWS Financial Operator Good morning. My name is Jim and I will be your confere ...

Q3 2024 Financial Performance - GAAP Sales for Q3 2024 were $179 million[7] - Adjusted EBITDA for Q3 2024 was $60 million[7] - Adjusted EBITDA Margin for Q3 2024 was 29%[7] - Adjusted Free Cash Flow was $59 million for the nine months ended September 30, 2024[7] - The Net Debt Leverage Ratio was 3.2x[7] - Liquidity stood at $188 million, comprising $123 million in cash and cash equivalents plus $65 million availability on the revolving ABL facility[7] Segment Performance - Ecoservices sales increased by 4.3% to $153.9 million in Q3 2024[14] - Ecoservices Adjusted EBITDA Margin decreased by 130 basis points to 35.8%[15] - Advanced Silicas sales decreased by 1.6% to $25.3 million in Q3 2024[17] - Zeolyst Joint Venture sales decreased by 16.5% to $30.9 million in Q3 2024[17] - Advanced Materials & Catalysts Adjusted EBITDA Margin decreased by 680 basis points to 19.4%[17] 2024 Outlook - The company anticipates 2024 sales between $700 million and $740 million[23] - Zeolyst Joint Venture sales are expected to be between $115 million and $135 million[23] - Adjusted EBITDA is projected to be between $230 million and $245 million[23] - Adjusted Free Cash Flow is expected to be between $75 million and $85 million[23]

Ecovyst (ECVT) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -17.65%. A quarter ago, it was expected that this specialty chemical producer would post earnings of $0.14 per share when it actually produced earnings of $0.12, delivering a surprise of -14.29%. Over the last four quarter ...

Exhibit 99.1 Ecovyst Reports Third Quarter 2024 Results MALVERN, PA, October 31, 2024 -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 Results & Highlights ▪ Sales of $179.2 million, compared to $173.3 million in the third quarter of 2023 ▪ Net Income of $14.3 million, compared to $16.6 million in the ...

MALVERN, Pa., Oct. 31, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 Results & Highlights Sales of $179.2 million, compared to $173.3 million in the third quarter of 2023 Net Income of $14.3 million, compared to $16.6 million in the year-ago quarter, with a net income margin of 8.0 ...